Chapter 353 Large-Scale Privatization Feast!

Late at night.

Yang Ming and Kayla quietly left Mrs. Satchel's place.

Mrs. Satchel wanted to send Yang Ming out in person, but considering her current status, she seemed to be cautious.

Tonight, Yang Ming visited Mrs. Satchel for the first time.

Yang Ming knew that when the Satchel era was about to come, he hoped to get more meat from it.

. . .

Back to Grosvenor House Hotel.

Yang Ming and Kayla went upstairs.

Just now, Yang Ming not only reached a preliminary consensus with Mrs. Satchel, but also impressed Mrs. Satchel and prepared for the subsequent large-scale privatization investment in Country Y.

Kayla was still not very clear, why did Mr. Yang visit Mrs. Satchel in advance?

Instead of visiting the current Prime Minister Mr. Callahan?

After all, the current situation in Country Y was not very clear in her opinion.

"Mr. Yang, what if your investment in Mrs. Satchel in advance fails?" Kayla asked.

"There is no chance, Mrs. Satchel's coming to power is inevitable."

Before coming to London, Yang Ming had already begun to think about the large-scale privatization after Mrs. Satchel came to power.

Privatization in Country Y refers to the sale of all or part of state-owned enterprises in Country Y to private individuals, turning them into private enterprises.

During the period from 1945 to 1951 when the Labour Party was in power, in order to restructure the post-war economy and enhance the competitiveness of certain sectors, the Bank of England, civil aviation, coal, railways, electricity, gas, telegraph and international radio, and some steel enterprises were "nationalized".

During the period from 1951 to 1964 when the Conservative Party was in power, the steel industry and some transportation industries were privatized.

After the Labour Party came to power again in 1964, it launched the second "nationalization" climax in 1967, "nationalizing" the steel industry again, and nationalizing some ports, shipbuilding and aircraft manufacturing enterprises.

Until 1978, all the postal, electricity, gas, coal, shipbuilding, railway, and telecommunications departments of Country Y were "nationalized".

Even in the steel, aviation, automobile, and oil extraction departments, the proportion of state-owned components reached 75%, 75%, 50%, and 25% respectively.

The state-owned enterprises in these departments have become a heavy burden on the finances due to poor management and serious losses.

After Mrs. Satchel came to power in 1979, she began to implement a large-scale privatization plan.

From 1981 to 1985, more than 20 state-owned enterprises such as Country Y Aerospace, Telegraph and Radio, Emsham International, Brillant Oil, and Jaguar Motors were privatized.

Assets sold amounted to 5 billion pounds, and the number of people transferred to the private sector reached 400,000.

And plans are underway to privatize eight companies including Country Y Natural Gas, Country Y Airport Authority, Country Y Airlines, Short Aircraft Manufacturing, and Royal Arsenal.

Historically, the privatization of Country Y has played a certain role in improving the economic benefits and labor productivity of enterprises, curbing inflation and reducing the fiscal burden.

But it has caused a large number of workers to lose their jobs and a series of social problems.

Privatization is not a negation of "nationalization".

The purpose of alternating "nationalization" and privatization measures is to serve the monopoly capital to obtain more profits.

On the other hand, although when Li Jiacheng transferred a large amount of wealth to Country Y in history, the privatization of Country Y was still ongoing.

At that time, Li Jiacheng had already taken over the assets of other consortiums at the high point of privatization in Country Y.

In other words, Yang Ming and the Empire Group invested when Mrs. Satchel just came to power, which is completely different from the transfer of most of the domestic and Hong Kong wealth to Country Y in Li Jiacheng's era.

In fact, it is completely different.

Yang Ming is ready to eat it up at the low point of privatization now.

According to the scale of this privatization, it is now worth at most 10 billion pounds, which is about 160 billion Hong Kong dollars.

If it is in the next 30 or 40 years, this may be equivalent to ten times or even dozens of times.

That is to say, when Li Jiacheng later transferred nearly 1 trillion RMB of wealth from China and Hong Kong through real estate and large-scale land hoarding to Country Y, he could only sell about one-third of the assets, or even less.

In this privatization feast in Country Y, it is not only him who wants to eat it, but also the consortium from Country Y. It is still hard to say whether it can take out more assets like Yang Ming to swallow up this feast.

Kayla has no idea how huge the scale of privatization will be after Mrs. Satchel comes to power this time. Even after Mrs. Satchel steps down, the trend of large-scale privatization in Country Y has not changed.

In other words, Yang Ming has to swallow up this wealth in advance without relying on transferring most of the wealth in China or even Hong Kong like Li Jiacheng did in history.

This is also the real purpose of this visit to London.

Kayla, Zhou Kaixuan, and Lin Xiuzhi are now the first-level network of relationships.

Shen Yi is the second-level network for him.

Yang Ming is the third-level network.

Yang Ming would personally visit Lady Satchel and even the Queen, as well as other important people. He would also contact them during this period. This would make those people feel that Mr. Yang was one of their own and that if Mr. Yang wanted to invest in London, they would strongly support his investment.

Looking at London now under the night sky, it doesn't seem very bright, and his eyes have already looked far away.

Yang Ming took Kayla's hand and said, "Kayla, the good show has just begun. Tomorrow, Mr. Shen will come to visit the Queen with me."

"Mr. Yang, then you take a rest first."

After Kayla left first.

Yang Ming retracted his gaze.

. . .

Rest for a night.

Early the next morning.

Yang Ming still felt a little uncomfortable due to the jet lag.

With the help of Ah Zhu and Zhong Chuhong, he got up and washed his face.

And changed into a well-fitting suit.

When in Hong Kong, Yang Ming rarely wore a suit, mainly because he was not used to it.

However, it is very important to dress appropriately and with etiquette for such a formal occasion as the first visit to the Queen.

"Master, this suit you are wearing is really handsome." Ah Zhu said.

"Really? I think it's okay."

When Yang Ming just woke up, he was wearing that white pants and black jacket, which Ah Zhu thought was also very good-looking.

In fact, a person's temperament, in addition to dressing up, is more related to a person's appearance and temperament.

Now Yang Ming has money, status and influence. No matter how he dresses, he still feels a little different from ordinary people.

At this time.

Shen Yi has come.

Shen Yi is still wearing a suit.

He has been busy for Yang Ming these days. He learned from Yang Ming that Yang Ming hopes to make a large-scale investment in Country Y at that time. This made Shen Yi think that Yang Ming was like Li Jiacheng in history, so he seemed very hard-working.

"Mr. Yang, are you ready?" Shen Yi came over and asked.

"Mr. Shen, no problem."

Chapter 3!

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